Hedge funds are reassessing their investments in emerging markets following the recent US-Israel strikes on Iran, which have heightened tensions in the Middle East. This geopolitical trigger has led to concerns about potential oil supply disruptions and shifts toward safer assets, prompting hedge funds to reduce their exposure to riskier market segments during this period of increased volatility.
Tether has released its first reserve report for its U.S.-regulated stablecoin, $USAT, revealing that it has $17.6 million in reserves backing 17.5 million tokens currently in circulation. This launch represents Tether’s initiative to provide a […]
Ethereum founder Vitalik Buterin sold 4,325 ETH, valued at $8 million, over the past three days, leading to speculation about his motivations behind the sale. Buterin, who still holds an advisory role in shaping Ethereum’s […]
The new @metaplex app has launched on the Solana blockchain, providing a platform where users can discover, trade, and launch both project tokens and memecoins. This app emphasizes features such as organic onchain price discovery […]